This property is to be offered for sale by PROPERTY SOLVERS ONLINE CONDITIONAL AUCTION (56-DAY EXCHANGE/COMPLETION).
Bidding opens on Wednesday 12th May at 12:00 and closes on Tuesday 18th May at 12:00 with a GUIDE PRICE of £72,500.
Property Solvers Online Auctions presents this traditional and deceptively spacious 3-bed mid-terraced house.
This property will be sold with sitting tenants paying £450 per calendar month (7.4% gross yield based on the guide price).
Enter the well-proportioned house directly into the sizeable lounge.
Directly ahead is the well-sized kitchen (sale of appliances can be discussed as part of the sale with the vendor).
This space then leads to access to the lengthy south-facing garden as well as a modern 3-piece suite bathroom to the rear.
Up the first flight of stairs are two double bedrooms separated by a wide landing area. Up a further set of stairs is the attic room with plenty of space for a king-size bed.
The property is located close to a range of amenities found in Sutton-in-Ashfield including supermarkets, a shopping centre, a dentist, a medical centre, a Costa coffee, a gym, a post office, public houses and several takeaways. Sutton Lawn and the Lawn Pleasure Ground are also nearby.
The property is within walking distance to a number of reputable schools including (in order of distance): Croft Primary School (Ofsted-rated 'Good'), Dalestorth Primary & Nursery School (Ofsted-rated 'Outstanding'), Quarrydale Academy (Ofsted-rated 'Good') and St. Andrew CofE Primary & Nursery School (Ofsted-rated 'Good').
The property is currently let for £450 per calendar month (which we believe is on the conservative side). Proof of recent rental receipts can be found in the legal pack.
Please note that the photos were taken prior to the current tenants moving into the property.
Our enquiry line is open 24/7 and we're happy to answer any questions.
Auction terms + conditions, AML requirements and fees are available on our website [Google: Property Solvers > Property Auctions (in navigation) > Auction Property for Sale (drop-down)].
The legal pack (including rental confirmations) will be uploaded shortly.
Viewings available 7 days a week.
All viewers must observe our COVID-19 Viewing Policy (available on the listing).
Please be aware that if your bid is successful on auction day, the exchange of contracts must happen after 28 days. Completion must subsequently happen within the following 28 days.
As part of the Property Solvers Online Auction process, bidders will be required to register online and provide proof of ID documents (passport and photo driving license). For a full list of requirements please see the legal pack documents.
A 2% + VAT reservation fee (subject to a £2,000 + VAT minimum) and a £125 + VAT processing fee will be due from the winning bidder.